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10 | JUNE 2016 AUSTRALIAN HOTELIER
POS AND OP TECH
N
ew banknotes are generally issued
to combat fraud, making it hard for
counterfeiters to produce fake notes
that will pass as real ones. With the
last significant change to Australian banknotes
having been made in 2002, incidences of fraud
have become increasingly common in the
last couple of years, and hoteliers across the
country have had to deal with fraudulent notes
circulating within their venues.
John Green, Director of Liquor and Policing
for AHA NSW, has noted several incidents
of counterfeit notes in New South Wales
pubs recently.
“In the last twelve months there have been
isolated incidents of counterfeit currency being
presented in diverse areas such as the Illawarra,
the Hunter, the north coast and central
Sydney,” he states.
There are some indicators that suggest a note
is not quite right, and is therefore counterfeit.
Green has noted a couple of discrepancies
among counterfeit notes to look out for.
“In recent occasions, this has included
counterfeit $50 notes being a brighter yellow,
and ‘failing the scrunch test’ – not coming back
to a flat structure after scrunching up the note,
and portions of the paint work flaking.”
TIME FOR A CHANGE
In an effort to decrease the prevalence of
counterfeit currency, the Reserve Bank of Australia
is currently underway with a roll-out of new
banknotes – starting with the new $5 note which
will be issued into circulation on 1 September.
The new $5 note will feature a distinct top-
to-bottom transparent window in the middle of
the note, a tactile element to aid those who are
visually impaired and illustrations of a certain
variety of wattle and a native bird. These
AN
UPDATE
OF NOTE
WITH NEW BANKNOTES ABOUT TO BE RELEASED INTO
CIRCULATION, THERE’S ONE IMPORTANT UPGRADE THAT EVERY
PUB HAS TO MAKE. PLUS WE LOOK AT A COUPLE OF OTHER
SOFTWARE UPDATES THAT CAN HELP YOUR BUSINESS.
HOW TO DEAL WITH
COUNTERFEIT NOTES
If you suspect that there are counterfeit
notes being used within your premises, hotel
staff should:
• Contact State or Federal police as soon as
itissafetodoso
• Secure the suspected counterfeit notes for
police to forensically examine
• Try to minimise the amount of handling of
the forged notes
• Download any CCTV footage of the
possible offenders to aid police investigation.
More information on this procedure can be
found at http://banknotes.rba.gov.au/assets/
pdf/counterfeit-detection-guide.pdf
Above: The new $5 note will begin
circulation on 1 September